PANews reported on April 5 that according to Cointelegraph, as concerns about US President Trump's tariffs continued to intensify, the US stock market lost $3.25 trillion on the trading day of April 4, about $570 billion higher than the $2.68 trillion valuation of the entire cryptocurrency market. TradingView data showed that among the seven major stocks, Tesla (TSLA) led the decline that day, falling 10.42%, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) down 7.29%.

Earlier news said that the U.S. stock market suffered its worst week in five years, with the Nasdaq falling into a technical bear market.